Compilation Engagement Report
In the event that you are selling your business, trying to get investors on board, or applying for a loan, you will likely need to provide financial records from the past several years in order for others to decide whether they agree to buy, invest or lend. Some examples of these required financial information are a balance sheet, income statement, or cash flow statement.
A compilation engagement report is simply a compilation of financial records based on information you’ve provided. No auditing is required to obtain the information detailed within the report or confirm its accuracy which is why a notice is necessary. Accountants cannot assure the reliability of the information. Harv S. Mand will provide you with a compilation statement for your needs.
This is a great service option for small to medium sized businesses as the document comes at a much lower price than an audit as a lower level of assurance is required. When you call Harv S. Mand, we will carefully consider the specific needs of your business and help you to determine whether a compilation engagement report is the right service for you. We’ll determine whether you could benefit from a service that can offer a higher level of assurance to potential shareholders, investors, or buyers. Call to learn more.